BB:CC News and Press, Blackberry Limited From 07/05/23

2023-07-05 15:00:00 ET BlackBerry ( TSX:BB ) stock jumped almost 18% last week after its first-quarter earnings showed better performance in cybersecurity revenue. The earnings hinted that the company is gradually realizing pending revenue deals delayed in 2022 amid economic uncerta...

BlackBerry Summit Announced PR Newswire Milestone event to be hosted on October 17, 2023 WATERLOO, ON , July 5, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today it will host a BlackBerry Summit, on October 17 , 2023....

2023-07-04 14:00:00 ET Every tech company has put their best minds to work to tap the artificial intelligence (AI) boom. But what is AI? As the name suggests, AI is a computer trying to replicate human intelligence processes of perceiving, reasoning, learning, and interacting with informati...

2023-06-29 18:45:00 ET You must have read several articles about how $10,000 invested in a stock in the early 2000s is worth a $100,000 today. If only you could go back in time and invest in that stock, you could be sitting on a pile of money. The stock market is about learning from the pas...

2023-06-29 06:36:30 ET Summary Impressive revenue growth rates are driven by patent sales, but underlying revenue growth is down 8% y/y when adjusted. The lack of clear guidance raises doubts about BlackBerry's future profitability and cash flow. Uncertainty surrounds BlackBer...

2023-06-28 20:40:09 ET BlackBerry Limited (BB) Q1 2024 Earnings Conference Call June 28, 2023 7:30 PM ET Company Participants Tim Foote - Vice President, Investor Relations John Chen - Executive Chairman and Chief Executive Officer Steve Rai - Chief Financial Off...

2023-06-28 18:20:34 ET Summary BlackBerry reported revenues of $373 million, significantly above street estimates. Without the patent sale, Q1 revenues would have missed estimates by about $4.3 million, including a shrinking top line. The core businesses showed disappointing resul...

2023-06-28 17:30:00 ET The rebound in tech stocks in 2023 amid a high-interest rate era was unforeseen. Market analysts predicted last year’s sell-off to carry over but a long-hyped technology, artificial intelligence (AI), saved the day. As of this writing, information techn...

2023-06-28 17:24:44 ET BlackBerry stock ( NYSE: BB ) jumped 6% after hours following a fiscal first-quarter earnings report where it posted revenue that more than doubled year-over-year and sharply narrowed its operating loss. Revenues grew to $373M from a year-ago $168M...

2023-06-28 17:08:35 ET BlackBerry press release ( NYSE: BB ): Q1 Non-GAAP EPS of $0.06 beats by $0.11 . Revenue of $373M (+122.0% Y/Y) beats by $213.71M . Total company GAAP and non-GAAP gross margin was 48%, both lower due to completion of the significant sale...